Geothermal systems use HDPE tubing for closed-loop earth heat exchangers, buried several feet below the surface.

The Inflation Reduction Act of 2022 has delivered good news in the form of federal income tax credits and accelerated depreciation deductions that help make geothermal a more attractive option.

In 2009 under President Barack Obama, the economic stimulus package of 2009 was signed into law. Egg Geo was a regional engineering and contracting company in the southeastern United States with robust business in our central Florida offices.

According to the U.S. Energy Information Administration, more than half (51%) of the energy used in U.S. homes is directly spent on just two end uses, heating and air-conditioning. As such, producing a comfortable temperature within your living space creates one of the biggest carbon footprints of our modern living environment.

Bruce Cole holds a bachelor’s degree in industrial technology from Purdue University.

WaterFurnace matched proceeds from the 29^th Annual Supplier Golf Outing.

The reinstated GHP tax credits are retroactive to Jan. 1, 2017, and extended to Jan. 1, 2022.

These time-tested and simple devices helped automate heating.

A bipartisan bill would reinstate tax credits that expired at the end of 2016.